Target Has No Worries

In this video from Thursday's MarketFoolery podcast, host Chris Hill and Motley Fool analysts Jason Moser and David Hanson take a deep Foolish dive into the biggest stories from the market today.

Over Black Friday weekend, Target (NYSE: TGT  ) was hit by a massive information breach, with as many as 40 million credit and debit card accounts possibly having been affected. Customers who shopped at a brick-and-mortar Target location between November 27 and December 15 who paid with a credit or debit card are the ones at risk. In the lead story on today's Investor Beat, Jason and David talk about whether Target released this information to the public as soon as it was available to them and how they think it could impact shareholders.

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  • Report this Comment On December 20, 2013, at 9:18 PM, luckyagain wrote:

    Once upon a time, stores issued their own credit cards and would not take any other credit cards. Those days are long gone and so this breach of security affects anyone who used a credit card at Target. Too many internet stores want to keep your credit care information supposedly for your "convenience". I really hate it when it is done because this is just more chance of something going wrong and you losing your credit card information. I realize that in this case, the information was stolen whenever a credit card was used but nothing makes you feel good about how it happens.

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